Category: Latest Tin News

Category: Latest Tin News

More powerful batteries could help electric cars achieve a considerably larger range and thus a breakthrough on the market. A new nanomaterial for lithium ion batteries developed in the labs of chemists at ETH Zurich and Empa could come into play here. They provide power for electric cars, electric bicycles, smartphones and laptops; nowadays, rechargeable …

SHANGHAI, Mar. 21 (SMM) — LME tin for delivery in three months opened at USD 22,840/mt and closed at USD 22,625/mt overnight, down by USD 130/mt from a day earlier, with the highest price at USD 23,140/mt and the lowest price at USD 22,546/mt. Daily trading volumes were 424 lots, down by 109 lots. Positions …

Tin prices will improve in the medium to long term as a supply deficit is expected this year, according to industry analysts. “Though the price of tin could be volatile in the short term, medium- and longer-term fundamentals remain strong for continued improved prices, with every prospect of a supply deficit this year,” analysts at …

Refined tin shipments from Indonesia, the largest exporter, climbed to a three-month high in January as prices rallied for a third month. Exports increased by 5.4 percent to 9,154.7 metric tons from 8,689.2 tons in December, according to data from the Trade Ministry today. Sales were 5,380.4 tons in January 2012. Tin, the best performer …

Tin, this year’s second-best performing base metal on the London Metal Exchange, is poised to form a so-called double bottom, which will help it advance to the highest level since 2011, according to Barclays Plc. Tin may gain to $25,888 a metric ton next month, Dhiren Sarin, chief technical strategist for Asia Pacific at the …

With demand high but supply continuing to fall, industrial users of tin face soaring prices throughout 2013. According to reports on Bloomberg, Indonesia, the world’s biggest tin supplier, is set to ship the least amount of the metal in a decade, which will extend shortages into a fourth year. Statistics compiled by the news-wire from …

Copper bulls love to point to Chinese demand and a constrained supply market to support the assertion copper prices should be higher, but in fact a far tighter supply market can be found in another base metal – tin. And as for demand, China imported 28,000 tons in the first 11 months of 2012, an …

Tin may rally about 12 percent this quarter to $27,300 a metric ton, the highest price since August 2011, according to technical analysis from Trading Central SA. The target represents on Fibonacci charts the 61.8 percent retracement of the decline from the April 2011 high to the July 2012 low, said Jeffrey Zhang, Hong Kong-based …

Chinese refined tin production in November increased by 20% from October to 15,393t, while tin-in-concentrate production increased by 47% to 8,591t, according to data from China nonferrous metals association (CNIA). Steady and rising prices in November stimulated the increase in production. However, cumulative refined tin production in January-November was 131,511t, down by 3% compared to …

Tin consumption and output in China, the biggest user, will rebound next year after an economic slowdown lowered demand and kept smelters reluctant to produce, according to industry group ITRI Ltd. Consumption will gain 4 percent to 152,000 metric tons in 2013 after falling 5 percent this year, Cui Lin, chief representative in China, said …